The Federal Savings Bank

Mortgage Lender serving New York, NY

About The Federal Savings Bank

The Federal Savings Bank operates as a dedicated financial institution providing comprehensive mortgage solutions. As a bank, it caters to a diverse range of clients, guiding them through significant life events such as buying a new home, refinancing existing properties, or undertaking new construction projects. Their focus is on delivering expert assistance to ensure clients receive optimal loan outcomes.

A core strength of The Federal Savings Bank lies in its specialized offerings for veterans, prominently featuring VA Home Loans and VA Cash-Out Refinance programs, demonstrating a commitment to serving this specific community. Beyond government-backed loans, the bank also provides general home purchase and refinance options, aiming to match borrowers with the most suitable financial products.

Evidencing its commitment to modern banking, the bank offers online tools like an eligibility checker and maintains a presence on social media platforms for engagement. Operating under the NMLS# 411500 and providing an FDIC Notice, The Federal Savings Bank underscores its adherence to regulatory standards and a secure banking environment for its clientele.

Company Information

Lender Type: Bank

Digital Capabilities

Online Application
Online Account Management
Pre-Qualification Tool

Home Loan Products

Home Purchase Loans

Loan Types:
Conventional
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation

Refinance Your Home

Loan Types:
Refinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation

VA Home Loans

Loan Types:
VA
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation
Special Programs:
Veteran Program

VA Cash-Out Refinance

Loan Types:
VACash-Out Refinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation
Special Programs:
Veteran Program

Construction Loans

Loan Types:
Construction
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation

Contact Information

11 Broadway Ste. 1565
New York, NY 10004
US

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Business Information

Category: Mortgage Lender
Location: New York, NY
Status: Standard
Type: Bank
NMLS ID: 411500
Profile Views: 0

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